Guide to PrimeXBT V2.0
PrimeXBT has recently unveiled its V2.0 upgrade. This award-winning trading platform enables even greater access to the community in a revolutionary way. The primary focus of this upgrade is to offer support for the introduction of Stablecoin and Ethereum based margin accounts. Other perks to this upgrade include a great number of enhancements to the visuals and major interface improvements.
Below is a guide that covers everything you have to know about PrimeXBT V2.0 and what it offers. Also, we will discuss the USDT, ETH, and USDC margins briefly.
Introduction To PrimeXBT V2.0
Once you arrive at the main website, for the users who have yet to login since the upgrade, you go to sign in, and you are met with a welcome greeting. The greeting also includes an introduction to the new update and some information on the newest features.
The dashboard is entirely reorganized. However, it now includes a section for the main account to provide a glance at all of your margin accounts, wallets, followings/converting strategies, and even more.
The Main Page at a Quick Glance
You can look no further than the main page for balances, deposits, withdrawals, and many other important tasks. You are able to create separate margin accounts for BTC, USDC, USDT, and ETH. While you are able to perform a deposit for COV tokens, these are used for a utility that we explain later in the guide.
New USDC, USDT, And ETH Account Currency Additions
While Bitcoin-based margin trading has yielded several awards for PrimeXBT, users are encouraged to use the newly added currencies also. These currencies are Tether, USD Coin, and Ethereum, The upgrade to V2.0 integrates the internal trading engine, account system, and infrastructure completely.
Registering for an account for PrimeXBT is free. You can get started with a low minimum deposit. It doesn't take more than a minute to complete.
Trading Within Margin Accounts With More Detailed Information
Each margin account has its dedicated isolated account details. Also, it offers a way to access trading with any of PrimeXBT's available CFDs on Crypto, Forex, Stock Indices, Commodities, and more. This trading can be accessed through each currency type.
Tax and Accounting Reports Easier to Access
There is an all-new section for reports on the website; it displays detailed account information. This includes the essential details of your account, such as transaction logs. These are useful for bookkeeping and tax purposes.
New Currencies Generated By New Users
The newly updated referral section now supports the new currencies. Also, any user that is referred to PrimeXBT will produce a commission that is paid to the referring user. The generated commission is based on whichever account the new user uses for currency for their trades.
The commissions for referrals can payout up to 20% based on the different levels of depth. Easy-to-use referral links are shared links on forums, with friends, or on social media that generate added revenue on top of the trading.
Enhancements for Covesting Copy Trading Module
Also receiving a facelift, the Covesting Module with the new upgrade now supports USDC, USDT, and ETH with BTC-based CFDs. This innovative module will connect strategy managers with followers. This leads to simultaneous profit.
Strategy managers set the trends on their trade. Followers will follow these trends to earn in the position of the skilled traders once they closeout.
Many of the best Covesting traders have done more than earn millions in success fees; they also help generate millions more for the followers that mimic their trends.
Traders and trades are kept to a standard with a five-star rating system. The traders will be ranked on a global leader board, which will highlight their total profit, losses, and wins. Other factors are also highlighted.
With the update, followers and strategy managers are able to follow and create strategies the use the newly added currencies. Only like-currency strategies can be followed by their followers. This will encourage greater diversification among the community.
The COV utility token is found at the center of this module. It is able to be used to unlock additional benefits within the module.
Unique Features: Blog, Turbo, Customer Service, And So Much More
With Turbo, you will find a unique way to get a position in the market. Also, you can find an analysis section with technical strategies, risk management, & more with TradingView integration. You will also find tabs for market information and news. Among the new features, you will find a blog that offers trading tips and educational guides, among other things.
Now there is a customer support staff that is live 24/7. They are waiting and ready to assist with all issues with aid from their massive tutorial section and help center.
Advanced Trading Tools: Risk Protection with Stablecoins
With this upgrade, the user experience is what the traders have always wished for. You will have no issues locating the necessary tools in the advanced trading platform. It is a platform that leads traders to success while minimizing risk.
In order to rid themselves of any base currency account volatility risk, USDT and USDC were introduced. This alone made the upgrade to V2.0 popular.
Trade CFDs on PrimeXBT's Award-Winning Platform Today!
PrimeXBT V2.0 allows traders to take advantage of BTC, USDC, ETH, and USDT for margin accounts. They are able to trade gold, oil, Bitcoin, Forex, The S&P 500, and almost any of the popular markets. This advanced, award-winning platform offers advanced tools that can't be found just anywhere.
Check out PrimeXBT Today!